HomeMy WebLinkAbout2006 02 27 Regular Item 300 FY 2007 Budget Calendar
COMMISSION AGENDA
ITEM 300
REGULAR X
February 27,2006
Meeting
MGR / DEPT
Authorization
REQUEST:
The City Manager is requesting that the City Commission approve the FY 2007 Budget
Calendar.
PURPOSE:
This agenda item is needed in order to set dates for the FY 2007 budget process.
CONSIDERATIONS:
Regarding the Budget Calendar, the most relevant and critical events have been bolded. The
earliest feasible date for the presentation of the budget message would be June 19th with
workshops to follow. Workshop dates are to be determined by the Commission (see 'workshop'
section of the budget calendar). July 24th is the last regularly scheduled Commission meeting in
which to establish the millage cap. August workshops can be convened if further budget
refinement is warranted.
RECOMMENDATION:
Establish Commission consensus regarding workshop dates followed by acceptance of the FY
2007 Budget Calendar.
ATTACHMENTS:
FY 2007 Budget Calendar.
COMMISSION ACTION:
City of Winter Springs
Budget Calendar - FY 2007
Preliminary Budget:
Date Function
February 27 Commission establishes budget calendar
February 28 Notice of Public Hearing dates to Seminole County Government and
Seminole County School Board
NOW- Departments prepare budgets (including coordination of IS needs with IS
March 17 Department)
March 17 Deadline for Departments to submit bud2ets to Finance
March 20-31 Finance Department readies budget submissions for review
April 3-14 City Mana2er/Finance review bud2ets with Departments
May 5 Preliminary Budget (with City Manager recommendations) on the Shared
Drive
June 19 (3ru Mon; 6-9 pm) Preliminary Budget and Budget Message to
Commission
June 20- Budget Workshops with Commission
July 17
Dates and times to be determined bv Commission
Tentative Budget:
July/August Finance prepares Tentative Budget
July 1 Property Appraiser submits DR 420 Certification (date of Certification
of Value or July 1 whichever is later)
July 14 July 24th agenda item to City Manager
July 19 July 24th agenda item to City Clerk
July 24 Commission sets DR 420 cap (Resolution; Regular agenda item)
July 26 Notice to Property Appraiser of:
Proposed Millage Rate
Rolled-back Rate
Date, Time, and Place of Public Hearing
(must be sent within 35 days of certification of value)
August 24 Deadline for Property Appraiser to send TRIM Notice
(This is considered notification of Tentative Budget hearing; must be
mailed by PA within 55 days of value certification)
September 1 Sept 11 th agenda item to City Manager
September 6 Sept 11 th agenda item to City Clerk (two resolutions)
September 11 Public Hearing (Tentative)
Tentative Budget and proposed rate hearing
(must be within 80 days of certification of value but not earlier
than 65 days after certification)
Final Budget:
September 12 Arrange for advertisement in paper
Prepare Notice of Proposed Tax Increase (if applicable) and Budget
Summary
September 14 Submit ad to TRIM office for compliance review
Submit ad to Orlando Sentinel; review proof and sign off
September 15 Sept 25th agenda item to City Manager
September 20 Sept 25th agenda item to City Clerk (two resolutions)
September 21 Advertisement publication date (Thursday for Seminole Extra) for
final millage and budget hearing
(must be within 15 days of the tentative public heariD!!)
September 25 Public Hearing (Final)
Final millage and budget hearing - Adoption of final millage and
budget must be done separately and in that order.
(Hearing must be held not less than 2 days or more than 5 days
after advertisement is published)
September 26 Resolution to Property Appraiser
Resolution to Tax Collector
This must be done within 3 days after adoption of final milla~e rate
Soon after the Mail TRIM package to Property Tax Administration Program
Final Hearing Department of Revenue (must be submitted within 30 days of final
adoption).
If necessary wait for minutes of final public hearing.
Submission deadline - October 25.